In an unprecedented move to bombproof SA’s major lenders, a multibillion-rand emergency fund has been set up to help them weather any liquidity storm.
Anglo American’s Cynthia Carroll and her lieutenants seem to have dropped the ball in persuading the company’s board to approve their last dividend.
Although MTN has been involved in court battles after allegations of corruption surfaced, its share prices hasn’t plummeted and profits are certain.
MTN has moved to have the corruption case against them thrown out of a US court, but rival Turkcell is ready to do battle.
The person who leaked the MTN and Turkcell memos has to face the possibility of being implicated in the bribery of Iran government officials’ claims.
Cellphone giant MTN has sought advice in the wake of sanctions by the United States against companies that aid human rights abuses.
Turkcell’s internal strife has the potential to play into the hands of South African cellphone giant MTN, which is tied to its corruption case.
With MTN refusing to pull out of Iran, Sasol has stopped buying Iranian crude oil in a move to exit the Islamic republic.
Inside information from a whistle-blower has played into the hands of Turkcell’s long-running legal battle with Iran and MTN.
Sources reveal a terrifying situation at the mobile operator company’s headquarters in Tehran.
Analysts have claimed that billions are at stake and the derivatives market could be destroyed because of the new securities tax touted by government.
Absa has issued hundreds of staff members with retrenchment notices but it claims it’s in the interests of its clients and a more efficient operation.
A lawsuit filed by Turkcell over a licence in Iran has implicated MTN executives and state officials in an explosive bribery and weapons scandal.
A leading investment banker says South Africa’s gate-crashing of the political bloc defies logic because of the country’s lack of economic clout.
Governments has a right to be paid its due by companies but excessive demands will scare off investors, says Cyril Ramaphosa and Ivan Glasenberg.
China’s rapid-response approach to investing in Africa means the age of deferred aid is over, says Tony Blair. And the West is determined to catch up.
Mobile giant MTN faces calls to disinvest from Iran amid pressure on South Africa from the West as well as amid corruption allegations.
The ruling party has motioned that Transnet help mining houses by upgrading or building rail infrastructure, which is a cheaper form of transport.
ANC draft policies have apparently been hurriedly watered down to calm investors who were alarmed by leaked reports.
Parastatal has to burn money to kill energy-guzzling furnaces as it faces a tight spot in power supply.
